From the middle of August, EurGbp is in a clear downtrend. The pair reached a low at 0.83 and corrected upwards.
The correction reached 0.86, a previous consolidation zone.
As long as 0.86 zone holds we consider the downtrend still intact and a retest of 0.84 support is probable.
The correction reached 0.86, a previous consolidation zone.
As long as 0.86 zone holds we consider the downtrend still intact and a retest of 0.84 support is probable.
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